26 March 2021
Annual Report 2020
Weathering the storm of 2020
Despite the significant impact of the COVID-19 pandemic, our Group delivered an improved consolidated EBITDA of DKK 57.4bn (USD 8.8bn) in 2020, compared to DKK 42.2bn (USD 6.3bn) in 2019. We thank our colleagues for their relentless efforts and contributions to support society during a very difficult year. We also welcome our new Group member, the Faerch Group, which is developing sustainable food packaging as part of a circular economy.
News from the A.P. Moller Group
A.P. Moller Holding leads the $60 million Series C equity financing in Upway
Upway is a leading e-commerce platform for buying refurbished e-bikes, driving the transition to sustainable urban mobility.
“We are excited to support Upway on its journey to revolutionize the global market for refurbished e-bikes. Upway’s ability to industrialize second-hand e-bike refurbishment and deliver the highest level of customer trust globally truly sets them apart. Today’s investment also reflects our confidence in Upway’s sustainable and scalable business model that aligns with our commitment to sustainable, long-term growth,” said Chetan Mehta, Head of Growth Equity at A.P. Moller Holding.
A.P. Moller Holding’s purchase offer for Svitzer successfully completed
The recommended voluntary purchase offer for all issued shares in Svitzer Group, made through A.P. Moller Holdings subsidiary APMH Invest A/S on April 2, 2025, has been successfully completed.
A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer
A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, today announced a recommended voluntary purchase offer for all issued shares in Svitzer with the aim of taking the company private to better support its long-term ambitions.